Thank you, @Epi. Yes, I actually find the concept behind it very exciting. ...similar exciting as the GTAA approach you are following - of course aware that $216361 doesn't have all the "dimensions" of GTAA you describe in https://getqu.in/QyYFftJa4bV1/gj9PsZf4V2/ I see the biggest advantage of CAPE in the easy/passive implementation 🤷♂️
@Stullen-Portfolio Yes, I think the concept is great, too. Definitely a serious alternative to the SP500. Hopefully it will be available internationally soon, then it would be even more awesome! 😅
@Epi The concept is also available in all kinds of other versions, including Europe and each as "SRI". Since the end of '22 also global...but not (yet) UCITS...🤷♂️
@Epi The application of the Shiller P/E principle to the relatively defined area of the S&P 500 convinced me much more than its application to a less defined/definable area of the large and mid caps of all industrialized countries. The application of this principle is somehow based on the homogeneity of the respective sectors, and for me, this homogeneity is greater in the US than globally.
@Stullen-Portfolio I find the problem with my intuition is that I can usually find good reasons for its opposite as well. For example, one could just as easily argue that by expanding a sector to the whole world, the nation and currency factors are eliminated and the sector is played pure, so to speak. 🤷
